12 Bourton Road, Merrimac, QLD 4226 | Property Value & History | OnTheHouse
OFF MARKET

12 Bourton Road
Merrimac QLD 4226

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Property Details for 12 Bourton Rd, Merrimac

Building Type
Commercial
Local Government
Gold Coast City
Lot/Plan
30/RP842766

Last Listing description (March 2022)

Multi Tenanted Freehold Investment In Central Location - All Offers submitted!

Brandon Johnson from Harcourts Coastal Commercial is excited to present a freehold multi tenanted investment positioned on an elevated prominent corner site. This property has been meticulously renovated and comprises of a brand new retail tenancy (Landlord owns the fit out) and a high end first floor office with skyline views. Watch the video for a virtual tour.


The property offers the below rarely offered attributes;

$90,000 Net income p.a. + GST (tenants pay all outgoings)
Large elevated useable block 724m2*
Annual CPI increases
2x Brand new 5 year leases
3 Months bond on both leases
Landlord owns fit outs
10 x Exclusive carparks
Solar system
The property has been fully renovated both inside and out
Located within the heart of Merrimac, surrounded by some of the Gold Coast's most premier schools, golf courses, childcare centres and the M1 Pacific Motorway



*Approximately
Disclaimer:
Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 12 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$1,250,000
28 Jan 2022
  • 29 Jan 2022
    Sold for $1,250,000
  • 19 Nov 2021
    Listed for Sale Contact Agent
  • 11 Apr 2018
    Listed for Rent $800 per week
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About Merrimac 4226

The size of Merrimac is approximately 9.0 square kilometres. It has 12 parks covering nearly 12.9% of total area. The population of Merrimac in 2016 was 7071 people. By 2021 the population was 7212 showing a population growth of 2.0% in the area during that time. The predominant age group in Merrimac is 30-39 years. Households in Merrimac are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrimac work in a professional occupation.In 2021, 63.00% of the homes in Merrimac were owner-occupied compared with 50.80% in 2016.

Merrimac has 3,051 properties. Over the last 5 years, Houses in Merrimac have seen a 86.93% increase in median value, while Units have seen a 70.68% increase. As at 30 April 2026:

  • The median value for Houses in Merrimac is $1,234,134 while the median value for Units is $740,564.
  • Houses have a median rent of $870 while Units have a median rent of $825.
There are currently 21 properties listed for sale, and 10 properties listed for rent in Merrimac on OnTheHouse. According to Cotality's data, 176 properties were sold in the past 12 months in Merrimac.

Suburb Insights for Merrimac 4226

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.